Paul Zalai, Director of the Australian Freight & Trade Alliance (FTA), recently hinted at a potential collaboration with Ripple, the San Francisco-based fintech firm known for its blockchain-based payment solutions. In an interview with La Chang of YouTube channel TGL (Think Global Logistics), Zalai revealed that he doesn’t understand much about blockchain, but his son does. He also mentioned that Ripple Labs had approached his organization some time ago when the court case with the US Securities and Exchange Commission (SEC) was still in limbo. The FTA is Australia’s leading body for the international supply chain sector, representing a wide range of stakeholders from importers to logistics service providers. With a mission to boost profitability for Australian trade entities and a vision for optimal efficiency in biosecurity and logistics, the FTA plays a pivotal role in shaping the nation’s trade landscape.Ripple, despite its previous legal challenges with the US Securities and Exchange Commission, has been pushing forward, solidifying its position in the global payment ecosystem. The company recently secured a full license to offer digital payment services in Singapore, further emphasizing its intention to grow and diversify.When asked what’s next for a potential collaboration between Ripple and the FTA, Zalai revealed that the group from Ripple had presented at the Waterfront of Sydney Harbour and that the FTA will now review Ripple’s offerings and “may look to promote their product” to their members. He also praised Ripple’s technology, noting that there was a lot of interest among banks at the meeting in Australia at the time. While a formal partnership between Ripple and the FTA is yet to be officially announced, Zalai’s comments highlight the growing interest and recognition of Ripple’s technology in facilitating efficient and transparent cross-border transactions. Paul Zalai, Director of the Australian Freight & Trade Alliance (FTA), recently hinted at a potential collaboration with Ripple, the San Francisco-based fintech firm known for its blockchain-based payment solutions. In an interview with La Chang of YouTube channel TGL (Think Global Logistics), Zalai revealed that he doesn’t understand much about blockchain, but his son does. He also mentioned that Ripple Labs had approached his organization some time ago when the court case with the US Securities and Exchange Commission (SEC) was still in limbo. The FTA is Australia’s leading body for the international supply chain sector, representing a wide range of stakeholders from importers to logistics service providers. With a mission to boost profitability for Australian trade entities and a vision for optimal efficiency in biosecurity and logistics, the FTA plays a pivotal role in shaping the nation’s trade landscape.Ripple, despite its previous legal challenges with the US Securities and Exchange Commission, has been pushing forward, solidifying its position in the global payment ecosystem. The company recently secured a full license to offer digital payment services in Singapore, further emphasizing its intention to grow and diversify.When asked what’s next for a potential collaboration between Ripple and the FTA, Zalai revealed that the group from Ripple had presented at the Waterfront of Sydney Harbour and that the FTA will now review Ripple’s offerings and “may look to promote their product” to their members. He also praised Ripple’s technology, noting that there was a lot of interest among banks at the meeting in Australia at the time. Paul Zalai, Director of the Australian Freight & Trade Alliance (FTA), has hinted at a potential collaboration with Ripple, the San Francisco-based fintech firm known for its blockchain-based payment solutions. The FTA, which is Australia’s leading body for the international supply chain sector, represents a wide range of stakeholders from importers to logistics service providers. Ripple, despite its previous legal challenges with the US Securities and Exchange Commission, has been pushing forward, solidifying its position in the global payment ecosystem. When asked what’s next for a potential collaboration between Ripple and the FTA, Zalai revealed that the group from Ripple had presented at the Waterfront of Sydney Harbour and that the FTA will now review Ripple’s offerings and “may look to promote their product” to their members. He also praised Ripple’s technology, noting that there was a lot of interest among banks at the meeting in Australia at the time. While a formal partnership between Ripple and the FTA is yet to be officially announced, Zalai’s comments highlight the growing interest and recognition of Ripple’s technology in facilitating efficient and transparent cross-border transactions.

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Information	Details
Geography	Australia
Countries	🇦🇺 🇸🇬 🇺🇸
Sentiment	positive
Relevance Score	8
People	SEC, La Chang, Zalai’s son, Paul Zalai, Ripple Labs.
Companies	US Securities and Exchange Commission (SEC), Australian Freight & Trade Alliance (FTA), TradingView.com, Ripple Labs, Singapore, Ripple
Currencies	US Dollar, Ethereum, Australian Dollar, XRP, Bitcoin
Securities	None